News

CBN grants operational licence to Greenwich Merchant Bank

The Central Bank of Nigeria (CBN) has granted Greenwich Trust Limited a licence to operate as a merchant bank in the country.

This was disclosed via an email from Greenwich Trust Limited which said the entity would be known as Greenwich Merchant Bank Limited.

It said the licence allows Greenwich Merchant Bank to upscale and offer such diverse services as corporate banking, investment banking, financial advisory services.

It also allows it offer services in securities dealing, treasury, wealth and asset management etc, making it possible to provide increased value to stakeholders beyond its previous scope,” it stated.

Adewale Nurudeen

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